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London and the surrounding area will keep on booming as Britain’s richest corners pull further ahead of the rest of the country in coming years.

More jobs will be created in London than in other regions between now and 2020, and gross value added – a measure of economic growth – will accelerate in the capital even as it slows elsewhere, according to forecasts from EY.

London’s GVA will grow by an average of 2.2pc per year, ahead of the UK average of 1.8pc.

Several other regions are slowing down with growth in the North East set to drop below 1pc per year and the North West from more than 2pc to 1.5pc. Some cities such as Manchester are rare examples of those which may grow a touch faster than...